Standard Bank chief engineer Resigns after Major previous outages

Standard Bank group announced that their chief engineering officer Alpheus Mangale has resigned. The move comes after a series of outages the banking group suffered under his watch. 

“Over the past two months, the Standard Bank Group has had a series of system outages with a negative impact on our clients and our employees,” said the bank.

“As the senior executive accountable for the stability of our IT systems, Mangale has resigned from the Group with immediate effect.” 

Following Mangale’s departure, now the bank’s Engineering team will report Margaret Nienaber until a replacement is found. 

“The Engineering team will now report to Margaret Nienaber, the group’s chief executive for client solutions, adding to her current portfolio,” Standard Bank stated.

“Margaret Nienaber has wide and deep executive experience in all aspects of financial services.”

Below are the dates on which Standard Bank recorded outages according to MyBroadband: 

  • 21 May 2022
  • 8 May 2022
  • 25 March 2022
  • 1 February 2022
  • 9 December 2021
  • 1 December 2021
  • 27 October 2021
  • 6 October 2021
  • 31 August 2021
  • 23 April 2021
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